Tegna’s Dave Lougee, Shooting Star’s Diane Sutter, Patrick Communications’ Larry Patrick and TVNewsCheck’s Harry Jessell are among this years Ward L. Quaal Leadership Awards. In addition, William Duhamel, will be presented with the nonprofit’s Chairman’s Award. They will be honored on April 26 in Las Vegas.
Sunbelt Multimedia Co. has sold its Telemundo affiliate KTLM Rio Grande City, Texas (DMA 86), to Telemundo Rio Grande Valley LLC for $8.5 million. Larry Patrick of Patrick Communications brokered the deal. In 2012, Patrick was appointed receiver for Sunbelt Multimedia and associated entities by the United States District Court for the Southern District of Texas.
Larry Patrick, managing partner of Patrick Communications, was appointed receiver for Sunbelt Multimedia Co. and associated entities by Judge Gray H. Miller of the United States District Court for the Southern District of Texas, Houston Division on Sept. 6. Sunbelt is the licensee of KTLM, the Telemundo affiliate in Harlingen-Weslaco-Brownsville-McAllen, Texas (DMA 87). The station operates […]
Auction Talk Draws TV Spectrum Speculators
The likelihood of federal spectrum auctions is having a two-pronged effect: leading some buyers to look for low-priced stations to buy in the hopes of cashing out from the auction proceeds; and causing some struggling smaller-market and public stations that could use money now to put themselves on the block.
An FCC filing reveals that the company buying the San Francisco and Boston stations, NJR TV, is owned equally by Ted Bartley and family; Titan Broadcast Management, headed by Bert Ellis and Dan Sullivan; and Larry Patrick and his wife, Susan.
Retrans Tops TV’s Biggest Business Issues
TVNewsCheck picked the brains of some top broadcasters and analysts to see what the year’s important issues will be. For the first time in a long while, the general outlook was optimistic. Getting specific, here are nine things they will be keeping their eyes on: retransmission consent/reverse compensation, the FCC’s spectrum incentive auction, mobile DTV, industry consolidation, Comcast-NBCU deal ripple effects, signs of life in M&A, record off-year for political advertising, evolution of digital subchannels, publicly held station groups to pay dividends and local online and mobile media.
